Post Utme Lautech 2019 Accounting Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Lautech Accounting examination.

Post Utme Lautech 2019 Accounting Objective / Multiple Choice
Question 11 POST_UTME_LAUTECH • 2019 • ACCOUNTING • objective

A company's cash book shows a balance of ₦250,000, but the bank statement shows a balance of ₦280,000. The company's cash book also shows a debit balance of ₦15,000 in the 'Office Supplies' account. What is the correct balance in the 'Office Supplies' account according to the bank statement?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Lautech 2019 Accounting Question 11. It is one of the objective questions from the 2019 Post Utme Lautech Accounting examination.

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